Burn of 800 million Jimizz!
Posted on May 27, 2024
Posted on May 24, 2022
Started on March 15, 2022, the audit took about two months to complete, mainly due to the increasing number of projects requesting Certik for their audit and the number of contracts we had to audit. This is now a good thing done and the stamp of approval from the most renowned company in the sector allows us to move forward serenely.
Two new advisors have been working with us for several weeks and we are delighted to be able to announce them publicly. The first is Clément Fermaud, founder of HODL Media, a pure-player aimed at 18-35 year olds and specialized in blockchain education. He is notably the editor-in-chief of francecrypto.fr, a news and information website about blockchain and crypto-currencies. This is the first media we worked with during our ICO, and our meeting at the NFT Show in Paris in January 2022 pushed us to offer him this position as an advisor. Clément accompanies us on the editorial side and offers us an active watch on a lot of subjects related to his field of interest.
The second is GoodValue Crypto. It boasts a strong presence on social networks, with various offers for its community. A Twitter account, a newsletter, a specialized investor Discord on which we offered an AMA during the ICO, a Medium, etc. He will accompany us on digital marketing and community animation, in particular to grow our social accounts. His strategic vision and experience with crypto-currency investor profiles will allow us to effectively target our users during our marketing campaigns.
We chose Zebitex as our first CEX for a variety of reasons. It is a French company, holder of the PSAN, which can also act as a neobank and is currently working on a solution to buy crypto directly by credit card. The platform is currently relatively "modest", a deliberate choice on our part, but growing rapidly. As a proof it is currently conducting an ICO for the creation of its own token. We can thus begin a relationship of trust with a company that is set to grow and seal the first collaboration with a platform.
We have announced the staking rates, which will be available upon release of the token. For 1 month of staking, you will get 50% annualized interest, for 3 months you will get 80% and for 6 months you will get 100%. Eventually, these campaigns will be replaced by the Livret X.
It started as a way to play with the community and offer them gifts. But very quickly we became dissatisfied with the quiz sites that were available to us, and we lamented the fact that there were no crypto or porn questions. So we decided to develop our own platform, always with this desire of gamification. Very soon, we will be able to hold event games with, we hope, hundreds of players to whom we will offer big prize money in stablecoin and Jimizz. This will keep the community going until the Jimizz is released. In a second phase, after the release of the token, it will be possible to create private games, with an entry fee in JMZ and the prize pool for the winner.
After discussions with the market maker, our advisors and data analysts, we have chosen to position the listing on September 29, 2022, Michaelmas Day. By then, the integration of payment in JMZ on many sites of the JMZ ecosystem will be completed and we also expect to complete the cum-unity by that date. This will put buying pressure on the token due to its usefulness and put it in the best position for listing.
If you have any questions that were not addressed at AMA, you can contact us on Twitter, Discord or Telegram and we will be happy to answer them!